Vista Land & Lifescapes, Inc. · PSE:VLL
Vista Land & Lifescapes — H1 2025 Earnings Presentation
21 slides from Vista Land & Lifescapes's earnings presentation, Aug 13, 2025
Slide 1: First Half 2025 Analysts' and Investors' Briefing
First Half 2025 Analysts’ and Investors’ Briefing August 13, 2025
Slide 2: 1H2025 at a glance
1H2025 ANALYSTS’ BRIEFING 1H2025 at a glance ₱20.43B ₱6.67B ₱12.66B ₱6.71B 66.3% GPM 62.0% Margin TOTAL REVENUE GROSS PROFIT EBITDA NET INCOME ₱41.10B ₱386.02B ₱142.66B 0.86x RESERVATION NET DEBT TO TOTAL ASSETS TOTAL EQUITY SALES EQUITY
Slide 3: Income Statement
1H2025 ANALYSTS’ BRIEFING Income Statement In Php millions 1H 2025 1H 2024 % Change Total Revenues 20,425 19,870 2.8% Real Estate 10,066 9,623 4.6% Rental Income 8,697 8,474 2.6% Parking, hotel, mall administrative and processing 640 610 4.9% fees, and others Interest Income 1,022 1,163 (12.1%) Gros
Slide 4: Real Estate Revenue Contribution
1H2025 ANALYSTS’ BRIEFING Real Estate Revenue Contribution 28% 28% Camella brand accounts for 56% and 5% 57% for 1H25 and 1H24 respectively 6% 21% 20% 11% 1H25 9% 1H24 Mid to high end brands Crown Asia and Brittany contributes 16% combined in 1H25 vs. 15% in 1H24 36% 36% Vista Residences our subsidi
Slide 5: Commercial Space Summary
1H2025 ANALYSTS’ BRIEFING Commercial Space Summary GROSS FLOOR AREA (GFA) in sqm % MALLS & RETAIL 1,384,148 87 STORES OFFICE 226,227 13 As of June 30, 2025 1,610,375 100 42 59 7 Malls Commercial centers Offices
Slide 6: Leasing Statistics
1H2025 ANALYSTS’ BRIEFING Leasing Statistics KEY STATS 1H25 Operating GFA 100% 100% 87% Occupancy – system 87% GFA Occupancy wide Malls 86% Office 92% %pre-COVID level 86% 92% Malls Offices Foot traffic 100%
Slide 7: New Store Openings – 2Q25
1H2025 ANALYSTS’ BRIEFING New Store Openings – 2Q25 6,430.43 sqm 2,622.18 sqm 1,881.60 sqm 198.68 sqm 133.78 sqm
Slide 8: Store Openings Pipeline
1H2025 ANALYSTS’ BRIEFING Store Openings Pipeline 4,026 sqm 1,122 sqm 1,113 sqm 805 sqm 658 sqm 601 sqm 455 sqm 416 sqm 392 sqm 379 sqm 358 sqm 300 sqm
Slide 9: New Tenant Concepts - Experiential Retail
1H2025 ANALYSTS’ BRIEFING New Tenant Concepts - Experiential Retail
Slide 10: Financial Condition
1H2025 ANALYSTS’ BRIEFING Financial Condition In Php millions 06/30/2025 12/31/2024 % Change Cash and Investments 40,493 45,596 (11.2%) Total Receivables 123,304 121,314 1.6% Real Estate Inventories 60,415 57,012 6.0% Investment Properties 141,397 134,752 4.9% Total Assets 386,017 377,939 2.1% Inter
Slide 11: Gearing Ratio
1H2025 ANALYSTS’ BRIEFING Page 03/10 Gearing Ratio In Php millions 06/30/2025 12/31/2024 % Change Total Interest-Bearing Debt* 163,259 163,066 0.1% Cash and Investments 40,493 45,596 (11.2%) Net Debt 122,766 117,470 4.5% 142,661 136,087 4.8% Total Equity Debt to Equity 1.14 1.20 Net Debt to Equity 0
Slide 12: Debt Profile
1H2025 ANALYSTS’ BRIEFING Debt Profile Funding Sources Debt Maturity Profile Currency Bank Loans 34% Long Term, USD, Retail Peso 71%, 71% 36% Bond USD Bonds 13% Short Term, 31% 29%, 29% PHP, Corporate Note 64% 22%
Slide 13: Land bank
1H2025 ANALYSTS’ BRIEFING Land bank LAND BANK LOCATION TOTAL LAND AREA* (in HAs) % 70% 30% Provincial Mega Manila* Owned 2,225.06 85% Share in Joint *Mega Manila – Metro Manila 411.20 15% and the neighbouring provinces Ventures of Cavite, Laguna, Rizal, Batangas and Bulacan TOTAL 2,636.26 100% *incl
Slide 14: Project Launches ₱36.2B
➢ Bataan 1H2025 ANALYSTS’ BRIEFING ➢ Batangas ➢ Bulacan Project Launches ➢ CDO ➢ Cavite ➢ Cebu As of June 30, 2025, we have ➢ Davao launched 30 horizontal projects ➢ Dumaguete with an estimated value of about ➢ Gen San ➢ Iloilo ➢ Isabela ➢ Laguna ₱36.2B ➢ Nueva Ecija ➢ Pampanga ➢ Pangasinan ➢ Tarlac
Slide 15: Capital Expenditures
Capital Expenditures Spent ₱14.5B as of June 30, 2025 (41% of 2025 CAPEX budget) In Php Billion PER ACTIVITY 1H25A FY25E 35.0 CONSTRUCTION 10.8 26.0 0.5 LAND DEVELOPMENT 3.5 8.5 8.5 LAND ACQUISITION 0.3 0.5 TOTAL (bn) 14.5 35.0 14.5 PER TYPE 1H25A FY25E 0.3 26.0 3.5 CAPEX 0.4 0.7 WORKING CAPITAL 14.
Slide 16: 2025 Strategy
1H2025 ANALYSTS’ BRIEFING Page 02/10 2025 Strategy Opportunistic Refocus on the Selective Expansion Sustain development of company's original and large-scale, integrated most stable revenue Explore high-potential townships that position stream – house and lot projects beyond the the company as a lon
Slide 17: BRO MARGLE CASTELLANA MUiLANO
BRO MARGLE CASTELLANA MUiLANO ‘A PRIME DEVELOPME SSOONTVERT, ‘A PRIME DEVELOPMENT OF VISTA LAND (QUERENCIA ‘A PRIME DEVELOPMENT OF VISTA LAND. MONTESSA 30 THE ROSEVALE NA CRESCENT ‘A PRIME DEVELOPMEN’ THE MIDTOWN SQUASTA MEE SSSTERBA TIL MONINGE
Slide 18: Key Takeaways
1H2025 ANALYSTS’ BRIEFING Key Takeaways Resilient Horizontal Segment Demand remains strong, particularly in the horizontal housing market. Robust Growth Pipeline ₱36B in project launches during 1H2025, already ~90% of full-year 2024 launched value. Steady Sales Performance Q2 reservation sales showe
Slide 19: Moving Forward
1H2025 ANALYSTS’ BRIEFING Moving Forward Exploration of Tourism-Led Developments Poised for Record Launches We will pursue opportunistic projects in prime land We are targeting the highest launch value in the past four banks, including Boracay, Tagaytay, and Palawan, years, aiming to surpass the 202
Slide 20: Q & A session
‘VisTA LAND Q & Asession
Slide 21: Forward-looking statements disclaimer
Vista Land Website https://www.vistaland. For Corporate com.ph/ Disclosures Except for historical financial and operating data and other information in respect of historical matters, the statements contained herein are “forward-looking statements”. Any such forward-looking statement is not a guarant
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